A major cryptocurrency whale has deposited $50 million in USDC margin into Hyperliquid, following a 19-day hiatus. The whale, known for holding a substantial 120,000 ETH long position, made the move potentially to prevent liquidation. Currently, the whale maintains a 15x leveraged long position in 120,000 ETH and a 20x leveraged long position in 700 BTC, with a combined value of $298 million.
The ETH position is experiencing an unrealized loss of $309,000, while the BTC position shows an unrealized profit of $403,000. This strategic margin addition highlights the whale's commitment to sustaining their high-leverage positions amid market fluctuations.
Whale Deposits $50M USDC to Hyperliquid Amid High-Leverage Positions
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